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to ask big oil companies and people making over million dollar to do their fair share by increasing revenues. >> have a good fourth of july weekend and we'll see you -- >> big mets and yankees series in new york tonight. i'll be watching. >> i'm always rooting for the national league. always got to stick to it the big guys. thanks. >> thank you. >>> all right. joining me now major garrett chief congressional correspondent for the national journal. doesn't want to kick the can down the road. sounded like a guy -- all right, if that's the deal that's cut and there's a temporary deal and it sometimes right now that's what smells like what's coming. >> he would have said i will vote against that. he didn't say that. >> that's what it's important. >> he didn't say i will vote against it. that's important. it's going to have to be up to the house republican leadership to bring that to the floor to agree to a short-term resolution of this absent a huge deal. eric cantor told me this week -- >> a great column about eric cantor. if we look at it in five pots here, the white house, senate rep
with the story. and helping out ordinary folks . they are going to be tied when it comes . to get out of the big hole we are in, he will go after waste and tax breaks and nothing is off of the table. it would be nice if we can and it is millionaires and billionaires and are for hedge fund managers and corporate jet owners and oil and gas companies pulling in huge profits without our help. we'll have to make deeper cuts somewhere else. republican senator dan coats . mitch daniels said the government should follow daniel's lead. he turned things aroundd by cutting taxes . paying down debts . get it focused on. >> the president and democrats in congress recognize that their game plan is not working. it is time to acknowledge that more government and higher taxes is not the answer to our problem. it is time for bold action and a new plan to address our current crisis. >> and since it is the 4th of july weekend. both touched on the american spirit. senator coats wanted to make sure that the country is in good enough shape . all sides need to harness their love for the country and that we are going to
around. >> i can guarantee you there's something from a lot of big cities across the country and really something for everyone here this morning. >> all good. >>> the breaking news, former head of the international monetary fund is free to go anywhere he wants as long as he stays in the u.s. a judge friday released dominique strauss-kahn from the u.s. after prosecutors admitted there are problems with the rape case against him. sean hennessey of wcbs in new york has more. >> on this weekend strauss-kahn is enjoying his own freedom. the case is now hanging by a thread. for the first time in weeks, dominique strauss-kahn left his manhattan apartment finally free from house arrest gone with the ankle bracelet after prosecutors admitted there are problems with the housekeeper who accused him of sexual assault. >> there are substantial credibility issues. >> reporter: prosecutors admitted the 32-year-old told them a series of lies and her whereabouts after the attack, first claiming to hiding in the hallway, but later admitted to cleaning two rooms. >> i understand the circumstances surround
. >> afghanistan off page one. iraq is on page one? >> in the ends of july, this is going to be up this big on page one finish they're in the deal. he's got to -- [everyone talking at once] >> unemployment rate on page one! >> if the unemployment rate comes out high, it will be the lead story in the newspaper, john. >> it will dominate the story that we just had? >> it will dominate if for a couple days. >> there will be a deal. >> there will be a deal? >> and there will be a deal and neither side will be happy. each side will give the other side something. they're -- >> not the taxes. that won't be part of the deal. taxes will not be part of the deal. >> what do you 90. >> tax revenues -- [everyone talking at once] >> they'll find something, i think, to agree on finally. i don't know whether it will be on august 2 or august 5th. but unemployment rate is not off the front pages. unemployment is -- on the number-one issue in 20% of american names. you have the biggest unemployment we've had since the great despres in real terms that. is what will kill obama's prospects if he doesn't do something abo
, you know, the list kind of goes on. child care being a big one. child care services, you know, a lot of people are saying -- i spoke to a few with women who said, i may have to put all of my work check into child care now because these state services aren't here. people are going to be feeling this. and it's very early -- iyou kno, this happened yesterday. i think we will really feel the impact of how hard a lot of people are going to be hit in a few days, when people really realize, after the holiday weekend, people start to realize, oh, geez, my government's not working, i'm not going to get these services after all. and you also mentioned over 20,000 state employees aren't going to be having -- they don't have a job. friday, they were let go, they were told not to come back indefinitely. they will get their jobs back, but this could last days, weeks, we really have no idea. we spoke to one of these employees who had lost their job yesterday. >> a sad commentary on politics. it's turned into a sport rather than working to solve a problem. >> that's the way a lot of people are feeli
be a big deal if the u.s. government couldn't pay its debts but i don't think that's where we're going to end up. we're not greece. greece is a small economy, greece is way, way deeper in hot than we are. people have lots of options where to put money and greece is low on their list because they think there's going to be a default. where the greece metaphor comes in is that greece and portugal and spain and ireland have raised questions about whether governments keep their promises. and to the extent that the congress and the president can agree on a long run fiscal plan, it raises the question of, are we ever going to get our act together so that we don't become greece? >> and is the market yet or do you suspect it will either price this in or panic? >> it's been amazing how calm the markets have been and i think there are two reasons for that. one is, they kind of assume that eventually washington will do what it has to do. and secondly, greece and europe have been such a preoccupation that nobody wants to have money there, so they've moved money to the u.s. as europe has done its ev
. >> thanks molly. >> president obama drawing a big line in the sand today. delivering a fiery weekly address repeating challenge to republicans to act -- to accept higher taxes on the wealthy. peter doocy reports from washington. >> reporter: today is july 2nd. the administration says the debt limit will be reached august 2nd. president obama says to tackle our massive national deficit, tax breaks must be targeted with wasteful spending but nothing is off the table. and it is time the government stars living within its means like families do. >> the president: it would be nice if we could keep every tax break, but we can't afford them. if we choose to keep those tax breaks for millionaires and billionaires or hedge fund managers and corporate jet owners or for oil and gas companies pulling in huge profits, without our help, then we'll have to make deeper cuts somewhere else. >> reporter: the president says anything is possible. most republicans are probably going to disagrees. they will not get behind any tax hike. in the weekly gop address senator coats from indiana says the president shoul
was a big month for american auto makers. cite her says -- chrysler says sales was up 30%. general motors and ford report 10% increases. toyota and honda were off more than 21%. home construction fell 2.1% in may. overall, construction spending was down .6 of a percentage point. it could be four years before the construction returns to healthier levels. manufacturerring activity was up a bit in june after the worth month in two years in may. stocks ended the week on a high note. dow gained 168.5. s&p 500 up 19. nasdaq finished up 2.5. >>> governors in two midwestern states find themselves under fire tonight. one for not getting a budget deal done and another for the budget dealhe did get done. correspondent mike tobin has that story from chicago. >> with protesters already outside his door, ohio republican governor john kasich dove deeper in controversy signing a budget that closes a $6- to $8 billion budget gap with deep and painful cuts. hardest hit are private nursing homes with a #% reduction in medicaid funding. the powerful ohio healthcare lobby responded with a dramatic add campaig
central >> jon: welcome to the "daily show." my name is jon stewart. got a big show for you tonight. bill kristol, editor of "the weekly standard," will be joining us. he's a fox news contributor. yet, yet, i hope to talk to him about a less contentious issue than that, like afghanistan. all right. ( laughter ) what a show. we're going to start with something that i found on the tv box this morning that was maybe one of the greatest things i've ever seen in my life. >> mark halperin. what was the president's strategy? >> are we in the seven-second delay today? >> oh, lordy. >> i want to characterize how i thought the president behaved. >> we have it. we can use it, right, alex? >> yeah, sure, come on. >> go for it. >> i thought he was kind of a dick yesterday. ( laughter ) >> jon: mark halperin, senior political analyst, editor at large of "time" magazine just called the president a dick. and that wasn't like a spontaneous, like, can't contain myself, you lie! like this one, you guys have a delay because i'm going to call the president a dick. now, people can argue whether that's appropri
a big proponent of debt reductions can. but he says to kick the can down the road a little because it's serious. >> harvard professor ken rogoff is a former chief economist for the international monetary fund. ken, listen to this with me. republican senator kay bailey hutchison said we're about to find out how serious the obama administration is about reducing spending. listen to what she said. >> you do the thingshat are essential. this is where the administration is going to be tested. if they start doing the chicken little thing by not paying social security recipients or people in our military or interest on our debt and instead choose to cut the things that will hurt the most but not the things that they could cut responsibly, that's going to be the test that they're not serious. >> ken, she's talking about a test. is this a logical test? if you strongly believe that spending needs to be cut or taxes need to be raised or somehow the budget needs to be dealt with, is this the way to keep the administration's feet to the fire? >> i think this is nuts. it's taking a huge risk. it's
. >> so many rumors and reports have clouded the last fwo two weeks. talk of a big argument, in which sources say charlene ran for the airport. another woman is claiming to have a child out of wed lock with albert. he has two, but the palace denies this. charlene, obviously, is staying. >> she said yes. >> yes. maybe it's not sure. >> still one more day. >> yes. >> i like the prince, and i like all of them, and they look happy. >> thank you very much to all our friends from around the world. fwloo it was a day for their royal subjects to remember. the couple invited every citizen. more than 7,000 to an outdoor party, a very euro concert, sinthesizers blaze and a brilliant light and fireworks display. the couple even looked like they were having a little fun at times. and today will be theirs. with monaco hoping the new sur even line esprincess charlene will remain surine here always. >> viva monaco. >> so today they get to do the big walk down the aisle. the bride will wear armani, 3,500 guests, an american soprano will perform. there will be crowned heads, super stars, super models,
choices today -- do we want to keep repeating ourselves or do we want to look at the big car rise in and do inspirational things we have already challenged ourselves to do? my generation, together with those that followed, built the isf. today anash @ -- nasa and the others want to touch an asteroid and move to mars. the status quo is no longer exceptional. -- acceptable. the students and early career scientist had a ton of energy and enthusiasm. they are excited about the chance to do something new, to be it on the ground floor of the next big frontier of human exploration. to put their big ideas into practice, and they should be. if you are studying in a stems discipline today, you love a great career ahead you, not just at nasa but at other government agencies and academia. when that final shuttle landing occurs, and the cheers and jeers subside, we will keep on moving to where we want to go next. your kids and my grandkids will do things that today we can barely dreamed of. our nation has made great progress the west's history by innovating solutions to meet grand challenges,
should be spending time to get americans back to work and fixing the economy. there is a big issue coming up with regards to the debt ceiling. president ought to be in washington meeting with republicans, meeting with democrats. he shouldn't leave that town until he has an understanding of what it's going to take to get this economy going again and deal with the fiscal crisis, but he is here raising money for a campaign. doesn't even have a primary opponent. >> gregg: might gop governors rally around mitt romney. he is lashing out at the current president? >> i think that is possibility. i think what you elude to, governors think that those from their ranks make the best president. you have heard a number of governors yet to endorse that idea they would like to see a governor as the nominee. they would like to see a governor as the next president. i think you have to wait a while until the field narrows or some things become a little clearer. at this point i just don't think there is enough reason for the vast majority of the governors to come together and endorse and pick a candidate. >>
of our site. president obama has given us a mission to focus again on the big picture of exploration, the crucial research and development required for us to move beyond where we are. we have the mission to carry out something that will take us further than we have ever been. he has asked us to plan a mission to an asteroid. our spacecraft is approaching one of the biggest in the solar system. we are scuttled to drop into orbit around that asteroid later this month. did the president is asking us to harness that american spirit of innovation, the drive to solve problems with capabilities that are so embedded in our moon. that led us to the loa that american ingenuity is alive and well. it will help us win the future. but only if we put aside ever differences and come together to work hard, dream big, and imagine in the possibilities. the space shuttle is an amazing vehicle. an incredible program that has taught us many things to make tomorrow's expiration possible. every shuttle mission showcases the amazing talent and expertise of of our astronauts in robotics and a science. each mi
: this is an upper biggest problem. we are left with a big deficit. all they talk about is cutting. -- host: we will have to leave it there. when it comes to government spending issues are concerned, that is what we are weighing in right now. good morning, james, independent line. caller: 5 believe the oil companies and big businesses should pay their fair share. republicans are nothing but a bunch of lawyers. they have -- lawyers. -- liars. they have been line ever since george bush was in there. host: what kind of spending and programs are you talking about? caller: all of their subsidies and not paying any taxes. host: we will leave it there. please turn down your television sets when you call in. florida, this is a comment from twitter. another call from minnesota this morning, what to cut what to keep? caller: i am a republican. it is hard to hear that we are the party of no, no, no. at the federal level, of our government has shut down because they cannot come together. republican-led states that do not have cannot of raising of taxes, the states are not in a deficit and not in a shutdown
be drawn there from. now, the big question is will the defense bring up again those claims that casey anthony was molested by her father and brother to explain her behavior and her lying regardless of the fact we've heard little evidence to support these claims. this, we will hear tomorrow. >> and with the rebuttle case, who did they call to the stand? >> we know that one of the most important pieces for the state's case is to prove that this was a premeditated murder. the premeditation charge was challenged when we heard cindy anthony on the stand last week saying that she was reasonable for searching chloroform, neck breaking and a series of other rather incriminating items on the household computer and so, the prosecution brought in yesterday a series of witnesses, one of which was an officer at her company who could prove according to her time sheets, that she was at work and not at home when those suspicious searches for being made. there was also a challenge to dr. spitz' opinion. he was brought in by the defense, that the autopsy made on caylee's body was shoddy. so that's what
? >> well, i think that the state, for all the negative we say about the defense, the state has a very big burden to meet here and i'm not sure they're going to to prove first degree premedicated murder. that carries death. they're going to have to prove that the 84 searches on the computer were premeditation. chloroform searches, neck breaking searches, internal injury searches. they're going to have to tie that to casey as the premeditation for doing away with her daughter. the defense, oh, alex, i can't pick one thing that they need to concentrate on. the big ugly umbrella hanging off the defense for their closing is their opening statement. it was so full of assertions that were not proved that i just don't know how they're going to recue the mess. >> how long are they supposed to present these closing arguments? this is not going to be a quick open and shut. we have a death penalty potential here. >> right, the prosecution said early on, the lead attorney, really good attorney, that her presentation would take about a day. we have jury instructions, too, which i hate to say, it's the
's talk about some of the big issues right now. jobs, jobs, jobs. it's a crisis, a game of chicken going on in washington right now between the president, the did democrats on one side, republican leadership on the other side. how big of a deal is this august 2nd deadline for raising the debt ceiling? >> well, because i haven't been in government in a long time, i don't know what options the treasury department will have if the debt kreceiling is not lift. my guess is they can pay the bills for a while, after which they won't be able to. so if we let that deadline come and go and we really raise questions about when or political system is mature enough even to pay its bills, i think it's trouble. i realize the idea of voting against raising the debt ceiling has always had great appeal to people. even in good times, a bunch of people vote against raising it because it looks like a free vote. >> when he was senator, president obama didn't vote to raise the debt ceiling. he regrets it now. >> but, you know, when you're not president and you think the vote's there, seems like a freebie and y
underreported story of the week. why with its 5-4 decision the supreme court rules once again in favor of big money over small democracy. a lot of peo ple think fiber can a lot of do one thing and one thing only, and those people are what i like to call wrong. take metamucil. sure it helps you keep regular, but it doesn't stop there. metamucil is the only leading fiber supplement with psyllium, which gels to help remove waste and reduce cholesterol. it can multi-multitask. it's so 2012. look at it! it's doing over a million different things right now. metamucil. ask more of your fiber. our girl's an architect. our boy's a genius. we are awesome parents! biddly-boop. [ male announcer ] if you find a lower rate on a room you've booked, we won't just match it. we'll give you $50 towards your next trip. [ gnome ] it's go time. >>> the kwaept went dark today in minnesota and tens of thousands of state employees are out of work. did this whole mess start with former governor turned presidential candidate tim pawlenty? fox news has become america's number one source for misinformation and republican
, does candy keep kids from getting fat? the story big yuan till dis p want you to hear. and a story so huge we didn't get to it yesterday or the day before. and finally the bbc lets people watch wimbledon without the loud grunting. greg? >> happy, andy. >> happy world ufo day. >> i planned an entire weekend of probing, andy. >> it is always about probing with you, greg. >> that is bigoted, andy. they just want a fair opportunity like the rest of us. >> if it were up to you, we would let them steelur purity of essence. >> it is always purity of essence. they are only taking the purity of essence that nobody wants. you make me sick you racist freak. >> iannot sit back and let alien up filtration 1k3* sub version and the international alien sub verbs to saab all of our bodily fluid. >> then forget about this weekend. i have such a wonderful surprise and you ruin everything. >> take it easy and make me a drink of alcohol and rainwater and what ever you like. >> sometimes i wonder why i put up with this. >> you look at me, greg. i drink a lot of water, you know. i'm what you might call a wa
a mission to focus again on the big picture of the exploration and the crucial research and development that will be required for us to move beyond it or bad. he has charged as the carrying out the inspiring missions but only nasa can do which will take us farther than we have ever been, to orbit mars and a dead man's land on it. he has as to start planning a mission to an asteroid and right now, our don space craft is approaching one of the biggest in the solar system, vesta and we are scheduled to drop into orbit around that asteroid this month. what it finds out could help inform such a future mission to an asteroid. the president is asking us to harness that american spirit of innovation, the drive to solve problems and create capabilities that is so embedded in our story and has led us to the mon, to great observatories, and two humans living and working in space, possibly indefinitely. that american ingenuity is alive and well. it will fire up our economy and help us create and when the future. -- and when the future. only if we put aside our differences and work hard and dream bi
, chrislhayes. rachel maddow is up next. >> any big plans? >> may light off a firework fmplgts they're illegal where you live, i won't tell anyone. >> just between you and me. >> exactly right. >>> thanks for staying with us the next hour. it is the start of a long fourth of july weekend. one of those days where if you are not on vacation already, you sort of feel like a sucker, because it feels like everybody else is on vacation. but even on a sultry friday night in july, heading into a long holiday weekends, there are two outstanding things that happened in american politics today. there is no relationship to what another whatsoever. i won't stremp and try to make one. we're going to do one of these stories and then the other. the first one is this -- >> conservatism is an act of creation and love. a love for a cherished way of life we have inherited and will bequeath to our children. conservatism is the ligation of ideology. we sent our mind to the world. not of the world to our mind. we'll move every mountain. we will meet every challenge and we will strive towards the light for the blosso
' point is white. these are tiny, tiny little drops in a big ocean. there is not enough in corporate jets or even the hedge fund guys, although i would like to. they have to raise revenues, i hate to say it, on the middle class. this is the point that gets lost on this. everybody is in this boat. there is no way out of it unless every single american does something. >> raise revenues on the shrinking middle class, mark. >> everybody is in it, and evan is right -- evan addressed the possibility of default. when that happens, the federal government of the united states, which bars or 40 cents of every dollar we spend every single day, is faced with the option -- do you pay a sergeant in combat in kandahar, a grandmother with a 1-bedroom apartment in social security check, or to meet the obligations of bankers who are holding their debt in beijing and beverly hills? the answer is simple. the prior claim is on the second group. the reality is we are talking about -- the president is proposing increasing taxes, revenues, by 1% over the next 10 years. $400 billion. we are going to collect $39 t
of the thunderstorm activity is well back out to the northwest. i want to take you back up here to minneapolis, big thunderstorms moving through tonight. minneapolis today for a high temperature was 99 degrees, lots of heat out in the nation's midsection. these thunderstorms, though, out ahead of a cold front that's really going to come through here on sunday and it's going to bring us some thunderstorms. i don't think it's going to be anything like that, but it will bring us at least a chance of some showers and thunderstorms sunday evening into sunday night and it's looking now like it will push to the south and we're doing pretty good now with the forecast for july the 4th, but again a lot of big heat out in the central plains. dallas was 98, wichita 103, omaha 97 and there's minneapolis, high today of 99 degrees, st. louis is 96 as is little rock and i think we'll feel closer to that tomorrow and tomorrow afternoon. still 79 in town, gaithersburg 66, manassas the same and a little cooler back out there for martinsburg and winchester, too. how about that 4th of july forecast? what we can expect
answered. when we come back, the race against the cure in a big blow to breast cancer patients and f.d.a. panel votes to revoke approval of a popular treatment. we'll tell you what's behind the decision next. >> and my doctor and i discussed privately. i want you to see that i'm a real person and continued avastin. what do we have? all four of us, together? 24. he's low fat, too, and has 5 grams of sugars. i'll believe it when i--- [ both ] oooooh... what's shakin'? [ female announcer ] as you get older, protein is an important part of staying active and strong. new ensure high protein... fifty percent of your daily value of protein. low fat and five grams of sugars. see? he's a good egg. [ major nutrition ] new ensure hh protein. ensure! nutrition in charge! we're putting them to the test against the speed of a rescue unit. go ! they're downloading a music album. the first network to finish gets rescued. does your phone know that we're racing ? done ! verizon's done ! i've got seven left ! the fastest network in america. verizon. built so you can rule the air. now powering the lg re
support it in a way that is reasonable and balanced. host: let me get to one other big topic and then we will start taking calls. that is the medicare debate. what do you think of paul ryan's medicare plan? guest: i think there are too few big steps and not enough baby steps. i think it is critical for us. i was willing to vote on the medicare part d which a handful of our democrats did that with president bush because i could not imagine a health-care program for seniors without prescription drugs being integrated into it. was it perfect? no. did it take the necessary steps to get us started on that discussion and debate and the evolution of a senior health care plan that had prescription drugs? yes, it did. i think that is how we have to approach medicare. a baby girl born today as a 50% chance or better of living to 100 my husband's grandmother passed away a couple of years ago one a week shy of 112 living in her own home. these are the things that we are dealing with. people are living longer. i was very engaged with care coordination, wellness, how we coordinate care for our seniors
of politics involved here in terms of as you said, they made it a big case from the start and said they had the case. >> yeah, they said they had the case. and we did hear from cyrus mance today. also ken thompson the lawyer for the accuser, for the made, he criticized the manhattan district attorney, said that they perhaps were fearing they mr. going to lose the case. they were setting up for a dismissal. they were very critical. he even referenced manhattan district attorney's recent cases that had failed. so this is a very interesting dynamic. and this could be a major blow for cyrus mance, the manhattan district attorney. today we did not see that strong, confident prosecution we saw in the last two courtrooms. >> brown: laurie levenson, pick up on that last part. the split that we saw when the attorney for the accuser came out was very strongly going after the prosecutor for dropping the ball, for not picking up, and really telling him, do not let go of this. how unusual is something like that? >> well, you know, this is a big advocate for the victim. and a lot of victims don't have su
the flames. >> don't take it on one big part. one piece at a time. >> this unprecedented dryness makes the state a tinder box. >> kelly: it's dry out there. and dan springer is live in los alamos, dan, it the threat to the lab over? >> i think so, and tell you why, the director of the national lab said they've transitioned from an emergency stage into recovery and so that means that they know longer have the need for all the firefighters that they had previously around this lab protecting the structures and the large complex, with all the plutonium and the waste material and the radioactive material still in this area. they were able to free up 200 firefighters in fact to go to another part of the fire where it's still burning actively and also means that they can get the lab personnel into these facilities and check to see if there's any damage to anything. you know, they have 10,000 experiments that were cut short on monday when they had to evacuate the whole area. and they want to see if any of those experiments were affected by the shutdown. going from the emergency phase into reco
't he go back stronger. >> reporter: let's not mix a lot of different things into one big pot. the poll you referred to was a poll that was done the day after dominique strauss-kahn's arrest. it was a poll that was faultily done. it was declared illegal and done as people were still trying to adjust and absorb the reality that one of the most powerful men in the world who could have been president could have committed such a crime as he was about to announce his nomination. so, i disregard the importance of that poll that said early on that a majority of the french thought that he might have been the victim of a plot. as for france having different sexual morays, seduction is not criminality, seduction is playful, should be enjoyable. committing a violent crime against a woman which was what was alleged to have happened is appalling for any french person. and so one has to make that distinction. what is the bridge between seduction and a violent crime is the potential abuse of power which is -- which is also something that is endemic in french life. >> you make a point that's what's eve
big and spends too much and has taken away too much of our liberties. >> sean: why did you get into politics? when did you get involved? >> i got involved in 1998. my husband and i had five biological children also raising 23 foster children. >> sean: what was the most you had in the house at one time? >> we had nine kids in the house. >> sean: we have two kids. 23 foster kids. >> yeah. it was a great thing. we enjoyed doing it. i have a wonderful husband we've been married 33 years. we were doing care. i had been a united states tax litigation attorney. we started our own business. i was home fulltime taking care of these kids. i was surprised what i was seeing coming home in the backpack. we put our kids in private christian school, we home schooled. the state would not allow our foster children to attend private school. >> sean: why? >> it is what the law was. i saw a big different. i thought if anyone needed a leg up it was our foster children. i started getting involved in education reform in 1998. as a result, people urged me to run for the minnesota state senate. i did i
they get a tax-exempt status? >>reporter: that is the big question is. any groups that a right, obviously, to form and criticize fox news. the question is, should that be a taxper, subsidized, tax-exempt deductibl activity. media matters is something called a 501 (c) 3 referring to the section of the code that covers it and deductions to media matters are people getting to take off their taxes as if they gave money to the red cross or salvation army. and media matters is increasingly political in recent years and the founder has formatted what is scale add super pac to raise large amounts of money to defeat republican candidates and there are reports that the white house is in the entirely happy with that because they felt he was more effective attacking fox news at media matters. the question is, should that be subsidized by the federal government. deep deep the deep pockets, obviously, george soros and tell us about his past for those that do not know. >>reporter: he is a billionaire, naturalized american citizen and has in the past been caught up in insider trading activity in jump, an
? >> we want to stimulate the economy and hoping he spends more money. >> get to the movie too big to fail. >> and why did the banks cause the economy to almost collapse. what was the main ingredient? >> we have seen regutions and from these guys with greed riding theoney . the basketball -- >> and gernment regulation has to be watched closely. our paul barnie frank was watching freddie and fanny and they collapsed righturched their nose and he didn't know anything about it and that doesn't give me confidence. >> you saw barney and i yelling at each other. >> you haven't seen it >> i will send that to your house. >> you, i need some racy films. i haven't watched blue movies in a long time. >> you are an old-time socialist. >> i think i am a present time. >> you believe president obama is a socialist? >> no. god no. >> are you happy with him? >> not that much. >> what is he doing wrong? >> i tend to read paul a lot. >> and that is a problem there. >> i knew you would be pleased. >> he would be. >> and like what he did, he should have done so much more in terms of the bank loans and revitali
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